Murphy Capital Management Inc. decreased its position in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 4.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,002 shares of the company’s stock after selling 493 shares during the period. Murphy Capital Management Inc.’s holdings in Mondelez International were worth $431,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of MDLZ. Farmers & Merchants Investments Inc. boosted its position in Mondelez International by 18.7% in the second quarter. Farmers & Merchants Investments Inc. now owns 159,515 shares of the company’s stock worth $6,891,000 after buying an additional 25,125 shares during the last quarter. Wright Investors Service Inc. boosted its position in Mondelez International by 14.3% in the second quarter. Wright Investors Service Inc. now owns 10,200 shares of the company’s stock worth $441,000 after buying an additional 1,280 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its position in Mondelez International by 8.6% in the second quarter. Schmidt P J Investment Management Inc. now owns 14,846 shares of the company’s stock worth $641,000 after buying an additional 1,180 shares during the last quarter. Meyer Handelman Co. boosted its position in Mondelez International by 1.1% in the second quarter. Meyer Handelman Co. now owns 448,600 shares of the company’s stock worth $19,375,000 after buying an additional 4,996 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in Mondelez International by 0.9% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 169,491 shares of the company’s stock worth $7,318,000 after buying an additional 1,558 shares during the last quarter. 76.55% of the stock is currently owned by hedge funds and other institutional investors.

Mondelez International, Inc. (NASDAQ:MDLZ) traded down 0.2213% during mid-day trading on Thursday, reaching $43.3738. The company’s stock had a trading volume of 2,043,209 shares. Mondelez International, Inc. has a 12-month low of $40.50 and a 12-month high of $47.23. The company has a market cap of $65.39 billion, a PE ratio of 38.1476 and a beta of 1.19. The firm’s 50 day moving average is $43.78 and its 200-day moving average is $44.49. Mondelez International also was the target of some unusual options trading on Monday. Stock traders acquired 9,831 put options on the stock. This represents an increase of approximately 186% compared to the average volume of 3,438 put options.

Mondelez International (NASDAQ:MDLZ) last released its earnings results on Wednesday, August 2nd. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.98 billion. Mondelez International had a return on equity of 11.96% and a net margin of 6.92%. The business’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 earnings per share. Equities analysts anticipate that Mondelez International, Inc. will post $2.12 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from Mondelez International’s previous quarterly dividend of $0.19. Mondelez International’s dividend payout ratio (DPR) is 66.67%.

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A number of research analysts have recently weighed in on the company. UBS AG reaffirmed a “buy” rating and set a $51.00 price objective on shares of Mondelez International in a research report on Wednesday. Susquehanna Bancshares Inc reaffirmed a “hold” rating on shares of Mondelez International in a research report on Wednesday, August 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $53.00 price objective (down from $54.00) on shares of Mondelez International in a research report on Monday, July 31st. Piper Jaffray Companies raised Mondelez International from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $48.00 to $49.00 in a research report on Tuesday, July 25th. Finally, BidaskClub cut Mondelez International from a “sell” rating to a “strong sell” rating in a research report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $50.33.

In other news, EVP Maurizio Brusadelli sold 6,248 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $43.76, for a total value of $273,412.48. Following the transaction, the executive vice president now owns 61,651 shares in the company, valued at $2,697,847.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robin S. Hargrove sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $44.87, for a total value of $269,220.00. Following the completion of the transaction, the executive vice president now owns 14,663 shares in the company, valued at approximately $657,928.81. The disclosure for this sale can be found here. Company insiders own 3.60% of the company’s stock.

Mondelez International Company Profile

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

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Institutional Ownership by Quarter for Mondelez International (NASDAQ:MDLZ)

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